Health disparities were among the many challenges brought to the forefront during the COVID-19 pandemic. Recognizing COVID’s impact, the Centers for Disease Control and Prevention published a response outlining strategies to improve the health outcomes of populations disproportionately affected. However, disparities and health equity are not new issues. Mandated by Congress and supported by a U.S. Department of Health and Human Services Interagency Work Group, the Agency for Healthcare Research and Quality (AHRQ) has reported on progress and opportunities for improving healthcare quality and reducing healthcare disparities for the past 17 years. Their 2019 National Healthcare Quality and Disparities Report encompasses reported patient care 2016-2018 and shows there are still disparities when comparing healthcare experience across races.
|
Many organizations have accelerated their plans for digital transformation, driven largely by the COVID-19 pandemic and remote work conditions that appear to be the “new normal” moving forward. In the face of the “great resignation,” there is an increasing emphasis on and benefit from adapting to hybrid models of employees working both in the office and from home on a more permanent basis. The growth of those hybrid workforces is in turn driving the need for more efficiency. As a result, organizations are relying more heavily on process mining and AI to achieve their operational goals.
|
The impending SEC Rule 18f-4 that comes into effect August 2022, will change the regulatory framework for financial institutions that engage in derivatives transactions. US-based registered investment companies, including mutual funds, ETFs, closed-end funds and others are gearing up for the reporting requirements that involve complex calculations and modeling techniques.
|
The SEC Rule 18f-4 comes into effect August 2022, changing the regulatory framework for derivatives use by registered investment companies, including mutual funds, ETFs, and closed-end funds. One of the many requirements of the Rule is to conduct backtesting on those funds that require a VaR-based leverage limit.
|
With the new regulations like the ongoing roll-out of Uncleared Margin Rules (UMR), many firms are evaluating if they are ready for regulatory deadlines, and whether they are able to proactively manage collateral exposures and challenge calls on a factual basis. Many are facing obstacles like the inability to independently value positions and calculate and challenge margin calls.
|
|
|
Despite all the headlines about the soaring popularity of environmental, social and governance (ESG) investing, these strategies are still proving to be a hard sell with many advisors. Our recent blog post discussed the factors behind the resistance of the three in five advisors that are not currently using ESG—and what asset managers need to do to win them over.
|
It goes without saying that product performance is central to the success of any asset management firm. However, performance is only one part of the story. To stay relevant, asset managers also need to ensure that they are staying on top of product trends—and, most importantly, delivering products that their clients want and need. Platform placements are a key component of this process, and in order to get products onto distributor platforms, firms need an in-depth understanding of distributors’ needs and criteria.
|